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not be imposing these devastating defense cuts, because what that does when we equivocate on our values, it makes us more weak. it projects weakness. when we look weak, our adversaries are much more willing to test us and less willing -- >> with all due respect that's a bunch of mularkey. >> why is that so? >> not a single thing he said is accurate. >> be specific. >> i will be very specific. number one, this lecture on embassy security, the congressman here cut embassy security in his budget by $300 million below what we asked for, number one. so much for the embassy security piece. number two, governor romney, before he knew the facts, before he even knew that our ambassador was killed, he was out making a political statement which was panned by the media around the world. and this talk about this weakness. i don't understand what my friend is talking about here. this is a president who's gone out and done everything he has said he was going to do. this is a guy who's repaired our alliances so the rest of the world follows us again. this is a guy who brought the entire world, including russia a
has to give. you have to specify where the deductions are. you can't increase defense spending, extend the bush cuts, 20% on top of that, and just say, no, it's going to be ok, we'll grow our way into it. that does raise a fair amount of scrutiny. >> sure. i think that's legitimate. first of all, romney has said to the degree they can't get the loopholes closed in congress, he'll reduce the tax credit. that he'll stick to the principle that it will pay for itself. there's a general argument over whether you should count economic growth. simpson and bowles don't count economic growth. two harvard experts said higher growth. third, romney has an energy plan which expanding american oil and gas. the royalties alone are worth $750 billion a year to the federal government. fourth, look carefully at what romney said, that the true supply sides don't necessarily love but it's good politics. he said i will close enough deductions that wealthy americans will not get a net tax cut. now, that's a pretty clear description. >> let me just say this. standing on the stage with you in arizona, this is
Search Results 0 to 2 of about 3 (some duplicates have been removed)